Citee Corp. has no debt but can borrow at 5.5 percent. The firm's WACC is currently 9 percent, and the tax rate is 21 percent. a. W hat is the company's cost of equity? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g, 32.16.) b. If the firm converts to 40 percent debt, what will its cost of equity be? (Do not c. If the firm converts to 70 percent debt, what will ts cost of equity be? (Do not d-1. If the firm converts to 40 percent debt, what is the company's WACC? (Do not d-2. If the firm converts to 70 percent debt, what is the company's WACC? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g. 32.16.) rourid intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) a. Cost of equity b. Cost of equity b. Cost of equity d-1. WACC d-2. WACC